4496 STE CATHERINE STREET The Nation

4496 STE CATHERINE STREET, The Nation, Ontario

$449,999

  • 6 Beds
  • 4 Baths

A must-see investment opportunity in the heart of St. Isidore, just 45 minutes from Ottawa or Cornwall. This well-maintained triplex is currently owner-occupied, generating a CAP rate of 2.04% with the potential to increase to 8.52% within the year. Unit A (owner-occupied) is a spacious 3+1 bedroom, 1.5 bath unit with ample storage, a partially finished basement, and a 1.5-car attached garage. Unit B is a 1-bedroom, 1-bath unit recently renovated throughout, excluding only the tub and built-in bathroom cabinets. Unit C offers a generous layout with 1 bedroom, an office, and a storage room. All tenants are A+ and maintain their units well. Over $40,000 in upgrades have been completed in the past five years, including a propane furnace and central air conversion (2020), metal roof on Unit A and flat roof on Unit C and garage (2021), thermal insulation in Unit C crawl space (2022), new windows in Units A & B, new exterior door and siding (Unit B), and a full interior renovation of Unit B with luxury vinyl plank flooring and updated kitchen (2023). Additional updates in (2024) include concrete work in the tunnel and garage north wall interior. In (2025), a new drop ceiling in Unit As basement, updated plumbing stack, taps, tub surround, new Sump Pump. Dont miss your chance to invest in a solid property with strong income potential and great long-term value. (id:56241)

  • Listing ID: X12220567
  • Property Type: Multi-family

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Details

  • Amenities Nearby: Park, Place of Worship
  • Equipment: Propane Tank
  • Features: Sump Pump
  • Parking Spaces: 13
  • Rental Equipment: Propane Tank
  • Transaction: For sale
  • Zoning Description: VC: Village Core

Building

  • Amenities: Separate Heating Controls
  • Appliances: Water Heater, Dryer, Stove, Washer, Window Coverings, Refrigerator
  • BasementType: Crawl space (Partially finished)
  • Basement Development: Partially finished
  • Bedrooms Main Level: 5
  • Bedrooms Lower Level: 1
  • Ceiling: Suspended ceiling
  • Constructed Status: Insulation upgraded
  • Cooling: Central air conditioning
  • Exterior Finish: Aluminum siding, Concrete Block
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Foundation: Block, Stone
  • Bathrooms (Half): 1
  • Bathrooms (Total): 4
  • Heating: Forced air
  • Heating Fuel: Propane
  • Size Interior: 3000 - 3500 sqft
  • Stories Total: 1.5
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Amenities: Park, Place of Worship
  • Sewer: Sanitary sewer
  • Size Frontage: 56 ft
  • Size Irregular: 56 x 134 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 4496 STE CATHERINE STREET in The Nation Ontario. It was last modified on June 20th, 2025. Contact us to schedule a viewing or to discover other The Nation real estate for sale.

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